No Stock Exchange
“There will be no place for a Stock Exchange in Czechosolvakia s planned economy," said the first Communist Minister of Finance, M. Jaromir Dolansky, when interviewed by a Reuter correspondent. “The Stock Exchange in Prague will never reopen.” M. Dolansky explained that Czechoslovakia was reorganising its banks. It was eliminating some of those nationalised and forming the remainder into two groups, one for the procurement of credits and, the other for investments. The foreign shareholders would be compensated not less favourably than Czechs-. The reorganisation is expected to release 2000 employees who would be di-1 verted to tasks in a planned national economy.—Prague, August 4.
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Bibliographic details
Greymouth Evening Star, 7 August 1946, Page 10
Word Count
108No Stock Exchange Greymouth Evening Star, 7 August 1946, Page 10
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